Form 990 for tax year 2023
Filed by PUBLIC INVESTORS ADVOCATE BAR ASSOC INC.
Totals
- Total revenue
- $855,905
- Total expenses
- $932,561
- Contributions and grants received
- $235,106
- Grants paid
- $0
- Program service revenue
- $605,364
- Investment income
- $5,363
- Other revenue
- $10,072
- Total assets, end of year
- $278,192
- Total liabilities, end of year
- $39,906
- Net assets or fund balances, end of year
- $238,286
- Program services expenses (Part IX)
- $605,230
- Management and general expenses
- $327,331
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $605,230
Program services were 64.9% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1b · Membership dues
$198,476
-
1f · All other contributions, gifts and grants
$36,630
-
2a · Program service revenue: Advertising Income
total $4,400 · related or exempt $4,400
-
2b · Program service revenue: Bar Journal Income
total $2,165 · related or exempt $2,165
-
2c · Program service revenue: Seminars/Meetings
total $598,799 · related or exempt $598,799
-
3 · Investment income
total $5,363 · related or exempt $5,363
-
4 · Income from investment of tax-exempt bond proceeds
total $0
-
5 · Royalties
total $0
-
6a · Gross rents
real property $7,652
-
6c · Rental income or loss
real property $7,652
-
6d · Net rental income or loss
total $7,652 · related or exempt $7,652
-
7d · Net gain or loss
total $0
-
8c · Net income from fundraising events
total $0
-
9c · Net income from gaming
total $0
-
10c · Net income from sales of inventory
total $0
-
11a · Other revenue: Rewards Card
total $2,420 · related or exempt $2,420
-
11e · Other revenue, total
$2,420
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $0
-
2 · Grants to domestic individuals
total $0
-
3 · Grants to foreign organizations and individuals
total $0
-
4 · Benefits paid to or for members
total $0
-
5 · Compensation of officers, directors and key employees
total $145,000 · program services $108,750 · management and general $36,250
-
6 · Compensation of disqualified persons
total $0
-
7 · Other salaries and wages
total $240,778 · program services $180,584 · management and general $60,194
-
8 · Pension plan contributions
total $10,546 · program services $7,909 · management and general $2,637
-
9 · Other employee benefits
total $746 · program services $559 · management and general $187
-
10 · Payroll taxes
total $39,849 · program services $29,887 · management and general $9,962
-
11a · Fees: management
total $0
-
11b · Fees: legal
total $0
-
11c · Fees: accounting
total $9,672 · management and general $9,672
-
11d · Fees: lobbying
total $0
-
11e · Fees: professional fundraising services
total $0
-
11f · Fees: investment management
total $0
-
11g · Fees: other
total $21,388 · management and general $21,388
-
12 · Advertising and promotion
total $0
-
13 · Office expenses
total $4,851 · management and general $4,851
-
14 · Information technology
total $31,791 · management and general $31,791
-
15 · Royalties
total $0
-
16 · Occupancy
total $9,000 · management and general $9,000
-
17 · Travel
total $0
-
18 · Travel or entertainment for public officials
total $0
-
19 · Conferences, conventions and meetings
total $277,541 · program services $277,541
-
20 · Interest
total $0
-
21 · Payments to affiliates
total $0
-
22 · Depreciation, depletion and amortization
total $0
-
23 · Insurance
total $5,491 · management and general $5,491
-
24a · Other expenses: Policy
total $71,095 · management and general $71,095
-
24b · Other expenses: Board Meeting Expense
total $32,572 · management and general $32,572
-
24c · Other expenses: Officers' Expense
total $26,432 · management and general $26,432
-
24d · Other expenses: Postage and Shipping
total $3,783 · management and general $3,783
-
24e · All other expenses
total $2,026 · management and general $2,026
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
end of year $77,048
-
2 · Savings and temporary cash investments
beginning of year $338,140 · end of year $196,144
-
3 · Pledges and grants receivable
end of year $0
-
4 · Accounts receivable
end of year $0
-
5 · Loans and receivables from officers and key people
end of year $0
-
6 · Loans and receivables from disqualified persons
end of year $0
-
7 · Other notes and loans receivable
end of year $0
-
8 · Inventories for sale or use
end of year $0
-
9 · Prepaid expenses and deferred charges
end of year $5,000
-
10a · Land, buildings and equipment: cost or other basis
$33,320
-
10b · Land, buildings and equipment: accumulated depreciation
$33,320
-
10c · Land, buildings and equipment, net
end of year $0
-
11 · Investments: publicly traded securities
end of year $0
-
12 · Investments: other securities
end of year $0
-
13 · Investments: program-related
end of year $0
-
14 · Intangible assets
end of year $0
-
15 · Other assets
end of year $0
-
25 · Other liabilities
beginning of year $513 · end of year $39,906
-
31 · Retained earnings, endowment or other funds
beginning of year $337,627 · end of year $238,286
Mission and programs · 2023
Mission
To promote interests of the public investor in securities and arbitration by protecting public investors from abuses in the arbitration process.
Activities or mission (Part I)
The purposes and objectives of PIABA are as set forth in the articles of incorporation and as follows: (A) To promote fairness in the rules governing dispute resolution for investor claims against securities and commodities brokerage firms, registered investment advisory firms, financial institutions and their associated representatives as well as others who sell investments or investment advice to the public; (B) To seek to create, improve upon and promote the enforcement of statues, rules, regulations, laws and policies designed to promote investor rights and to prevent misconduct by those who sell investments and investment advice to the public; and (C) To seek to provide education to investors and the investing public regarding their rights and the misconduct by those who sell investments and investment advice to the public.
-
PIABA meetings provide association members the opportunity to review, discuss and learn how changes in the securities markets, federal and state legislative changes, court rulings, and SRO rule changes impact public investors and PIABA members in their representation of investors.
Expenses $605,230
As filed on the 2023 return.
Listed in Part VII
-
Jennifer Shaw
Executive Director
- Total calculated
- $145,000
- From this org
- $145,000
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
Melanie Cherdack
Director
- Total calculated
- $0
- Hours/week
- 5
-
Samuel Edwards
Director
- Total calculated
- $0
- Hours/week
- 5
-
Benjamin Edwards
Director
- Total calculated
- $0
- Hours/week
- 5
-
W Scott Greco
Director
- Total calculated
- $0
- Hours/week
- 1.5
-
Jonathan Kurta
Director
- Total calculated
- $0
- Hours/week
- 5
-
Lance McCardle
Director
- Total calculated
- $0
- Hours/week
- 2
-
David Neuman
Director
- Total calculated
- $0
- Hours/week
- 4
-
Melinda Steuer
Director
- Total calculated
- $0
- Hours/week
- 5
-
William Young Jr
Director
- Total calculated
- $0
- Hours/week
- 5
-
Joseph Peiffer
President
- Total calculated
- $0
- Hours/week
- 5
-
Adam Gana
Vice President
- Total calculated
- $0
- Hours/week
- 15
-
Michael Bixby
Vice President
- Total calculated
- $0
- Hours/week
- 4.5
-
Courtney Werning
Secretary
- Total calculated
- $0
- Hours/week
- 3
-
Joseph Wojciechowski
Treasurer
- Total calculated
- $0
- Hours/week
- 8
-
Hugh Berkson
Director
- Total calculated
- $0
- Hours/week
- 7
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 30 August 2024
- IRS schema version
- 2023v5.1
- Source object
- 202432439349300308
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
The source document this was parsed from is served over the API, which is where bulk and document access live.